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2010-09-09 16:42

How To Open An IRA

In my previous post, I discussed the benefits of Individual Retirement Accounts.  Hopefully I managed to convince some of you that opening an IRA is a smart idea for young investors.  If so, here is a simple step by step guide to opening an IRA…

Step One – Choose a Broker

Your first step in the process [...]

IRA’s In The Nutshell

What’s an IRA?

An IRA or Individual Retirement Account is a personal savings account that allows workers to save for retirement in a tax efficient manner.  Any individual who receives earned income in a given year can contribute up to $5,000 in an IRA (click here to see how much you’re eligible for).  Within an IRA, individuals [...]